As the Trump Administration works to balance U.S. trade books, lawmakers on the Ways and Means Committee are frustrated with a lack of progress over the last four years.
Congressman Randy Feenstra of Iowa says the Biden Administration opened zero new trade markets.
“So when you talk about export markets, whether it be corn, soybeans, wheat, cotton, we haven’t opened anything; cattle, hogs, dairy, and now we have that opportunity. We’re really working with the Administration right now. Everyone is hearing about tariffs, but I’m also hearing about the opportunity to have new export markets for all our commodities, and that’s exciting to hear about.”
Feenstra says there are a lot of exciting things on the horizon for agriculture, and he hopes to see greater market access over the next four years.
Transportation access, legal disputes, and fertilizer freight costs will directly influence input pricing and grain movement in 2026.
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Despite China’s sharp drop in grain purchases this year, new USDA export data this week shows that even some buying activity from the trade giant still moves the markets.
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Corn and wheat exports remain supportive, but weaker soybean demand — especially from China — continues to pressure oilseed markets.
December 16, 2025 12:08 PM
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China’s pullback is hitting core U.S. commodities hard, reshaping export expectations for soybeans, cotton, grains, and livestock.
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Slower grain movement may pressure basis, but falling diesel prices could help offset transportation costs.
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A new study found that retaining the EPA’s half-RIN credit protects soybean demand, farm income, and crushing-sector strength while preserving biofuel market flexibility.
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